2530 Agriculture Dr, Madison, WI
Premier multi-tenant flex building on the East side of Madison.
- Added:
- Aug 5, 2024
- Days on Market:
- 686
- Last Refresh:
- May 20 at 9:31 pm
Property Features for 2530 Agriculture Dr
General Information
- Standard status
- Active
- Size
- 22,500 SF
- Lot size
- 3.46 Acres
- Property subtype
- FLEX_R_AND_D
Listing agent Anton Keuntjes License #833565 (715) 451-3252
Listing office Oakbrook Corporation (715) 451-3252
Listing date Aug 5, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Oakbrook Corporation
HighLights
- Premier multi‑tenant building with industrial contemporary design.
- Flexible tenant spaces adaptable to varying needs.
- Suitable for investment or owner‑occupancy.
- Enjoy premium finishes and features.
- Located on the East side of Madison.
- Aesthetically appealing and functionally designed.
Overview
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $297.0k | $13.20 |
| − Vacancy | −$8.9k | −$0.40 |
| EGI | $288.1k | $12.80 |
| − OpEx | −$100.8k | −$4.48 |
| NOI | $187.3k | $8.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.2944
- Latitude
- 43.0612
